Wh Smith

wh: The 0.5% short position in WH Smith, opened on 19 November, was equivalent to 10.5m at the close of trading on Thursday, according to The Guardian. The short against WH Smith comes after the company bought US airport retailer InMotion for 155m in October, in a return to the States after a hiatus of 15 years. SFM UK Management has nine publicly declared shorts in British firms, regulatory filings show. GLG Partners, another British hedge fund, also built up a 0.5% short position in WH Smith this month following the purchase. SFM UK provides investment management services to Soros Fund Management, the American firm controlled by the billionaire US-based investor who is known for profiting from bets against sterling when the UK left the exchange rate mechanism in 1992. The retailer's shares have risen by 24% since 2016, but are down 17% this year. (news.financializer.com). As reported in the news.